Ben Bernanke has been more precise than his predecessor, suggesting a core inflation rate of___________ per year is the same as price stability.
A) 0 to 1 percent
B) 0 to 2 percent
C) 1 to 2 percent
D) 1 to 4 percent

Question

Quizplus · Accepted Answer

In 2012, Ben Bernanke stated that a core inflation rate of 2 percent per year is consistent with the Federal Reserve's dual mandate of price stability and maximum employment. Therefore, the best choice is C) 1 to 2 percent.

Ben Bernanke Has Been More Precise Than His Predecessor, Suggesting